Amid multiple cases of electric two-wheelers catching fire, Road Transport and Highways Secretary Giridhar Aramane on Sunday said each and every incident will be probed and asserted that the Indian EV industry is bound to prosper and grow beyond โour imaginationโ.
Aramane further said the Ministry of Road, Transport and Highways (MoRTH) has achieved an overall asset monetisation value of about โน21,000 crore in FY22 as part of the Centreโs National Monetisation Pipeline.
โEach and every incident (of electric vehicles catching fire) will be probed into,โ he told PTI in an interview.
Recently, there have been multiple incidents of electric vehicles (EVs) catching fire and resulting in deaths and severe injuries to people.
Asked if the spate of high profile battery fires is undermining Indiaโs bid to become a leader in EVs, Aramane said not necessarily, if the manufacturers quickly establish necessary functional safety protocols, quality control and quality assurance systems.
โThe Indian EV industry is bound to prosper and grow beyond our imagination,โ he asserted.
Aramane said an expert panel that has been formed to enquire into the matter has not submitted its report.
โAll the problems and the procurement, design, management, operations, manufacturing of the batteries and electric vehicles have to be examined,โ he said, adding following those appropriate recommendations will be given.
Recently, Road Transport and Highways Minister Nitin Gadkari, who is known for his frank views, had said the companies found negligent will be penalised and a recall of all defective vehicles will be ordered after the expert panel submits its report.
The government had ordered a probe last month after an e-scooter launched by ride-hailing operator Olaโs electric mobility arm caught fire in Pune.
Centre for Fire Explosive and Environment Safety (CFEES) had been asked to probe the circumstances that led to the incident and also suggest remedial measures, according to the road transport ministry.
The ministry had asked CFEES to share the findings along with its suggestions on measures to prevent such incidents.
So far, three Pure EV, one Ola, two Okinawa, and 20 Jitendra EV scooters have caught fire.
To a question on asset monetisation, Aramane said: โLast year (2021-22 fiscal), we did more than โน15,000 crore of asset monetisation, we also got around โน5,000 crore through securitisation of toll.
โSo, overall around โน20,000-21,000 crore was really accrued to the ministry by asset monetisation,โ he added.
In August 2021, Finance Minister Nirmala Sitharaman announced the โน6-lakh crore National Monetisation Pipeline (NMP) over four years to unlock value in infrastructure assets across sectors.
Asked if he is still confident of completing projects under the Phase-I of Bharatmala Pariyojana by 2022-23, the transport secretary said, โbecause we started one year late, instead of 2017-18, we started in 2018-19, so it will go up to 2023-24.โ
The governmentโs flagship programme for national highways, Bharatmala Pariyojana (BMP) Phase-I, was initially proposed to be completed by 2022.
Cabinet Committee on Economic Affairs (CCEA) had in 2017 given investment approval for Phase-I of Bharatmala Pariyojana, spanning a period of 5 years.
Bharatmala Pariyojana Phase -I include the development of about 24,800 kms of national highway network such as economic corridors, inter-corridor and feeder roads, national corridorโs efficiency improvements, border and international connectivity roads, coastal and port connectivity roads, expressways as well as 10,000 kms of roads under National Highways Development Project (NHDP).
Asked about the ministryโs plan to connect 112 aspirational districts, he said these districts need development and thus need to be connected with the employment-generating centres and manufacturing hubs.
โSeveral of them will be covered through the national highways which are getting developed under the Bharatmala Pariyojana and our national infrastructure pipeline.
โSo, remaining also we will try to cover through the annual action plans of the ministry over the next 4-5 years,โ Aramane said.